/ Offshore Companies Soar GOL Offshore Rises Above 19% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 16 June 2017


Dolphin Offshore Enterprises was trading higher by 11.1% at Rs 100.90 per share at 1112 hours IST on BSE. The stock witnessed a spurt in the volume by more than 16.16 times. Aban Offshore also witnessed a surge in its share price by 7.5% to Rs 187 per share.

Other offshore companies viz. GOL Offshore was trading higher by 19.8% at Rs 15.49 per share. It surged the most among other offshore companies. The stock witnessed a spurt in the volume by more than 12.26 times. It also breached its upper circuit at Rs 15.50.

Jindal Drilling Industries was up by 16.3% at Rs 165.15 per share. The stock witnessed a spurt in the volume by more than 30.94 times. Hindustan Oil Exploration Company was also trading higher by 4.4% at Rs 74.45 per share. Oil Country was up by 16.7% at Rs 53 per share.

The heads of Reliance Industries and BP on Thursday announced that they will invest a further Rs 40,000 crore ($6.2 billion) in their jointly owned KG D6 gas block off India's eastern coast. The investment is expected to produce 30 to 35 million cubic metres of gas a day, phased over 2020 to 2022. It will enable India's gradual migration to a gas-based economy.

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